Globalization, occupational restructuring and firm performance

Mika Maliranta

No 5, ETLA Working Papers from The Research Institute of the Finnish Economy

Abstract: In this study, the patterns of occupational restructuring and their micro-level mechanisms are examined by applying standard measures of job and worker flows at the occupation and firm levels using longitudinal employeremployee data from the Finnish business sector for the years 2000-2006. Special attention is given to determining how global firms (i.e., multinational enterprises and offshoring firms) contribute to occupational restructuring and to establishing the role of occupational structures when explaining productivity and profitability gaps between global and local firms. The findings indicate that global firms have contributed to reshaping occupational structures, and although this contribution is clearly reflected in their productivity, it is not as clearly reflected in their profitability.The findings imply that employees have captured a dominant share of the productivity advantage of global firms.

Keywords: globalization; offshoring; occupational restructuring; productivity; profitability (search for similar items in EconPapers)
JEL-codes: F23 J24 (search for similar items in EconPapers)
Pages: 69 pages
Date: 2013-01-29
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eff, nep-hrm, nep-lab, nep-lma and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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